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The Arkansas Office of Motor Vehicle (OMV) will accept a completed title in place of a Bill of Sale Form but a Bill of Sale is required if the seller wants to apply for a sales tax credit or the seller has no room on the current title to sign the vehicle over to the buyer.
Is there a cooling off period on vehicle purchases in the State of Arkansas? Dealers are not required by law to give car buyers a three-day right to cancel. The right to return the car in a few days for a refund exists only if financing is not approved. However, some dealers may, by contract, offer a right to cancel.
In Arkansas, a bill of sale is required to register any newly purchased boat or vehicle and may need to be notarized. Once the necessary bill of sale has been completed with the buyer and seller's information, both parties must sign the document to officially transfer ownership of the item.
How to Transfer Ownership of a Car Without a Title in ArkansasThe Vehicle Registration Application (Form 10-381). The last title owner must sign the title or list its multiple owners.Have the lien holder file a Permission to Issue a Replacement Title (Form 10-315)Pay the $10 fee for a duplicate Arkansas vehicle title.01-Dec-2021
Can I Sell A Car In Arkansas Without A Title? The Arkansas DFA requires a title for vehicle sales. If your title is lost, duplicate titles can be obtained from the Arkansas DFA.
What You'll Need to Register your Vehicle in ArkansasProof of ownership.A signed copy of your lien agreement.A completed Vehicle Registration Application (Form 10-381) which acts as both regustration and titling application.State of Arkansas Vehicle Bill of Sale Odometer Disclosure Statement Form (Form 10-313)More items...
In most cases, a completed title is sufficient to register a car to a new owner in Arkansas. However, if there is no more room on the title to record the sale, or if the seller wants to claim a tax credit towards the purchase of a new vehicle, the seller should fill out a Bill of Sale.
In most cases, a completed title is sufficient to register a car to a new owner in Arkansas. However, if there is no more room on the title to record the sale, or if the seller wants to claim a tax credit towards the purchase of a new vehicle, the seller should fill out a Bill of Sale.
Visit your local OMV(Office of Motor Vehicle) and be sure to bring the following items:The title of the vehicle.Bill of sale (if there was no room for the seller to sign on the title).A Vehicle Registration Application (Form 10-381) that must be completed upon arrival (this application is also used for titling).More items...
You can supplement, but not replace, the title with a completed Bill of Sale Form. So don't accept only a Bill of Sale in place of a title! The Arkansas Office of Motor Vehicle will accept a completed title instead of a Bill of Sale Form, as long as the title includes all the required information (see above).